ELECTRO VINDEVOGHEL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ELECTRO VINDEVOGHEL
Largest movements
- Stocks and contracts -€17,151
down €17,151 (-13.0%), from €131,540 to €114,389
of which Stocks: -€10,416
- Receivables within one year +€13,297
up €13,297 (+19.8%), from €67,038 to €80,335
of which Trade receivables: +€28,192
- Tangible fixed assets -€12,839
down €12,839 (-9.4%), from €136,410 to €123,571
of which Land and buildings: -€10,242
- Other debts -€16,435
down €16,435 (-75.0%), from €21,922 to €5,487
- Trade debts -€9,367
down €9,367 (-55.9%), from €16,762 to €7,395
- Taxes +€7,259
up €7,259 (+76.8%), from €9,451 to €16,710
- Depreciation -€2,076
down €2,076 (-12.9%), from €16,148 to €14,072
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €606,662 | €585,583 | -€21,079 | -3.5% |
| Fixed assets | 21/28 | €136,410 | €123,571 | -€12,839 | -9.4% |
| Tangible fixed assets | 22/27 | €136,410 | €123,571 | -€12,839 | -9.4% |
| Land and buildings | 22 | €129,308 | €119,066 | -€10,242 | -7.9% |
| Furniture and vehicles | 24 | €7,102 | €4,505 | -€2,597 | -36.6% |
| Current assets | 29/58 | €470,252 | €462,012 | -€8,240 | -1.8% |
| Stocks and contracts in progress | 3 | €131,540 | €114,389 | -€17,151 | -13.0% |
| Stocks | 30/36 | €92,084 | €81,668 | -€10,416 | -11.3% |
| Contracts in progress | 37 | €39,457 | €32,721 | -€6,736 | -17.1% |
| Amounts receivable within one year | 40/41 | €67,038 | €80,335 | +€13,297 | +19.8% |
| Trade receivables | 40 | €47,791 | €75,983 | +€28,192 | +59.0% |
| Other amounts receivable | 41 | €19,247 | €4,352 | -€14,895 | -77.4% |
| Cash at bank and in hand | 54/58 | €258,711 | €254,439 | -€4,272 | -1.7% |
| Deferred charges and accrued income | 490/1 | €12,963 | €12,849 | -€114 | -0.9% |
| Total equity and liabilities | 10/49 | €606,662 | €585,583 | -€21,079 | -3.5% |
| Equity | 10/15 | €549,900 | €555,480 | +€5,580 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €521,860 | €526,360 | +€4,500 | +0.9% |
| Distributable reserves | 133 | €521,860 | €526,360 | +€4,500 | +0.9% |
| Profit (loss) carried forward | 14 | €9,440 | €10,520 | +€1,080 | +11.4% |
| Amounts payable | 17/49 | €56,762 | €30,103 | -€26,659 | -47.0% |
| Amounts payable within one year | 42/48 | €56,762 | €30,095 | -€26,667 | -47.0% |
| Trade debts | 44 | €16,762 | €7,395 | -€9,367 | -55.9% |
| Suppliers | 440/4 | €16,762 | €7,395 | -€9,367 | -55.9% |
| Taxes, remuneration and social security | 45 | €18,078 | €17,213 | -€866 | -4.8% |
| Taxes | 450/3 | €7,579 | €7,755 | +€177 | +2.3% |
| Remuneration and social security | 454/9 | €10,499 | €9,457 | -€1,042 | -9.9% |
| Other amounts payable | 47/48 | €21,922 | €5,487 | -€16,435 | -75.0% |
| Accrued charges and deferred income | 492/3 | €0 | €8 | +€8 | |
| Remuneration, social security and pensions | 62 | €142,196 | €142,364 | +€169 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,148 | €14,072 | -€2,076 | -12.9% |
| Other operating charges | 640/8 | €2,252 | €2,315 | +€63 | +2.8% |
| Gross operating margin | 9900 | €184,431 | €185,604 | +€1,173 | +0.6% |
| Operating profit (loss) | 9901 | €23,836 | €26,853 | +€3,017 | +12.7% |
| Financial income | 75/76B | €5,292 | €5,751 | +€460 | +8.7% |
| Recurring financial income | 75 | €5,292 | €5,751 | +€460 | +8.7% |
| Financial charges | 65/66B | €321 | €314 | -€8 | -2.3% |
| Recurring financial charges | 65 | €321 | €314 | -€8 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €28,806 | €32,290 | +€3,484 | +12.1% |
| Income taxes | 67/77 | €9,451 | €16,710 | +€7,259 | +76.8% |
| Profit (loss) for the period | 9904 | €19,356 | €15,580 | -€3,775 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,356 | €15,580 | -€3,775 | -19.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.